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Europe: Hain Celestial company buys sweeteners firm

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One of Hain Celestial Group’s wholly-owned subsidiaries has acquired Clarks UK, The Natural Sweeteners Company.

The company produces natural sweeteners under the Clarks brand, including maple syrup, honey and carob, date and agave syrups.

The products are sold by retailers and used by food service and industrial customers in the country.

In calendar year 2016, Clarks generated approximately £7 million (US$9.38 million) in net sales and is expected to be accretive to Hain Celestial’s earnings in fiscal year 2019.